M/S. VENUS INFRASTRUCTURE & DEVELOPERS PVT. LTD.,,AHMEDABAD vs. THE DCIT, (OSD) CIRCLE-8,, AHMEDABAD
In the result, the appeal of the Revenue is dismissed
ITA 1582/AHD/2019[2012-13]Status: DisposedITAT Ahmedabad17 Sept 2021AY 2012-13
Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 1582/Ahd/2019 िनधा"रण वष"/Asstt. Year: 2012-2013 M/S. Venus Infrastructure & D.C.I.T.,(Osd) Developers (P) Ltd., Vs. Central Circle-8, 801-802, Broadway Business Ahmedabad. Centre, Opp. Mayor’S Bungalow, Law Garden Ellisbridge, Ahmedabad. Pan: Aahcs6254J
For Appellant: Shri Tushar Hemani, Sr. Advocate with Shri Parimal Sinh B. Parmar, &For Respondent: Shri Ritesh Parmar, CIT.D.R
Section 14ASection 36Section 36(1)(iii)
34,51,000.00 crores from its sister concern namely M/s Sunderdeep Infrastructure Private Limited (for short SIPL) in the financial year 2007-08. Subsequently, Shri Narsingh T Khanchandani a key person of ‘ATTCO International’ (for short ATTCO) approached to the assessee for booking the shops/showrooms in K-Mall for the customers based in Gulf. The assessee agreed to provide